RE: RR future.17 Jun 2021 15:54
Takes time to recover from any set backs and this one's been major.
RR are long term, they very realy have short term strategies/goals, 5 to 10 year projects for future growth is the norm.
Cost savings are planned yearly with most long term agreements being 5 to 10 years, anything shorter is normaly for short term stability until a long term strategie is in place.
The reduction in head count was and agreed for 2022 the pandemic just escalated that position, clearly the RI was not planned, but RR acted swiftly and decisively to minimise the situation.
I have no idea how the share price is going to play out this year but there will be growth ... however I do feel confident that it will see the biggest growth during 2022/23, this sounds obvious I know, but I think the worst is behind us now, and continue to look for the spikes if your looking at 2021 for a return. Keep positive :)